Oil and gas major Santos has more than doubled its 2018 underlying profit after tax, while free cash flows reaching a record $1-billion.
Underlying profit for the 12 months to December was up by 129% on the previous financial year, from $318-million t…
Santos eyes continued growth at it returns to profit Read More »
Oil and gas major Santos has more than doubled its 2018 underlying profit after tax, while free cash flows reaching a record $1-billion.
Underlying profit for the 12 months to December was up by 129% on the previous financial year, from $318-million t…
Santos eyes continued growth as it returns to profit Read More »
The Indian government is having second thoughts over continuing with revenue sharing agreements in contracts with successful bidders at auction of oil and natural gas fields.
While no decision has been taken yet, a section within the government is bac…
India relooks revenue sharing contracts for auction of oil, gas blocks Read More »
ASX-listed Senex Energy has swung back into black during the six months ending December, after reporting an underlying net profit of A$1.4-million, compared with an underlying net loss of A$2.8-million after tax, compared with the first half of 2018.
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Senex output continues to grow Read More »
Energy major Origin Energy has struck a A$231-million deal to sell its Ironbark project to Australia Pacific Liquefied Natural Gas (APLNG) – a joint venture in which it is a 37.5% shareholder with ConocoPhillips (37.5%) and Sinopec (25%). Origin said o…
Origin sells Ironbark to its 37.5%-owned APLNG JV Read More »
Oil and gas major Santos has struck a joint venture (JV) agreement with fellow-listed Beach Energy to partner over four exploration permits in the Bonaparte Basin, offshore Northern Australia.
The two companies will each hold a 50% JV interest in the…
Santos broadens scope in northern Australia Read More »
Oil and gas major Santos has struck a joint venture (JV) agreement with fellow-listed Beach Energy to partner over four exploration permits in the Bonaparte Basin, offshore Northern Australia.
The two companies will each hold a 50% JV interest in the…
Santos broadens scope in northern Australia Read More »
Finally overruling strident opposition, the Indian government has approved taking away smaller discovered oil and natural gas blocks of its national oil exploration and production (E&P) majors and allocating them to private investors through auctio…
India hands over national oil company assets to private investors Read More »
ASX-listed Carnarvon Petroleum will raise A$50-million through a placement to institutional and sophisticated investors to fund appraisal and exploration activities in the North West Shelf.
The company will issue some 151.6-million new shares, at an i…
Carnarvon raises A$50m Read More »
Mining major BHP on Wednesday approved $696-million in funding to develop the Atlantis Phase 3 project, in the Gulf of Mexico, after project partner BP in January approved a $1.3-billion expansion of the project.
The Atlantis Phase 3 development will …
BHP approves $696m for Gulf of Mexico expansion Read More »
